Business

GM profit 2Q falls 85 pct. on recall costs

Recall expenses chopped $1.5 billion from General Motors' bottom line in the second quarter, as it added up the costs of repairs for nearly 30 million cars and set aside funds to compensate victims of small-car crashes.

Business

Insurers writing rebate checks to comply with Obamacare

An Affordable Care Act rule that requires health insurers to spend at least 80 percent of premiums on health care rather than administration or profits, resulted in $332 million in rebates nationally, including $3.57 million owed by Blue Cross and Blue Shield of Kansas City.

New City Market vendor offers gourmet snacks

Hungry Monkey Party Bites has set up a kitchen at 106 E. Fifth St. in the City Market with a goal of “transcending the bounds of the ordinary snack.” It plans to start selling its flavored popcorn, nuts, cookies and other treats at the City Market starting Saturday.

Kansas City gets a big IT job training grant

The Full Employment Council said it is getting “coding bootcamp” funds to provide job training in information technology. Kansas City’s $500,000 grant, received through the Missouri Division of Workforce Development and U.S. Department of Labor, will be used to combine classroom instruction with on-the-job learning.

New City Market vendor offers gourmet snacks

Hungry Monkey Party Bites has set up a kitchen at 106 E. Fifth St. in the City Market with a goal of “transcending the bounds of the ordinary snack.” It plans to start selling its flavored popcorn, nuts, cookies and other treats at the City Market starting Saturday.

Kansas City gets a big IT job training grant

The Full Employment Council said it is getting “coding bootcamp” funds to provide job training in information technology. Kansas City’s $500,000 grant, received through the Missouri Division of Workforce Development and U.S. Department of Labor, will be used to combine classroom instruction with on-the-job learning.

Today's Market

A one-stop shop for dorm decor

Jeff Gawronski founded DormCo.com four years ago with a business model that takes a few pages from Amazon’s playbook. DormCo carries about 4,500 products, including comforters, lamps and other lights, futons, loungers, benches and other seating, and customized products such as lofted beds.

A one-stop shop for dorm decor

Jeff Gawronski founded DormCo.com four years ago with a business model that takes a few pages from Amazon’s playbook. DormCo carries about 4,500 products, including comforters, lamps and other lights, futons, loungers, benches and other seating, and customized products such as lofted beds.

Amazon shares fall on 2Q loss

Shares of Amazon.com Inc. fell Thursday after the e-commerce retailer reported a larger than expected second quarter loss as expenses outpaced a surge in revenue.

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Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

Waddell & Reed Financial tops the rankings

The Overland Park mutual fund manager has outpaced rivals in attracting investors’ dollars by its strong performance and variety of offerings. And the Ivy Funds, which Waddell manages alongside its Waddell & Reed Funds, had a big hand in this year’s showing.

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Business